TCF Financial

  www.tcfbank.com
  www.tcfbank.com
There are newer employer reviews for TCF Financial

 

Slave-Labor

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Teller Supervisor in Round Lake, IL
Former Employee - Teller Supervisor in Round Lake, IL

I worked at TCF Financial

Pros

In my 2 and a Half years at TCF I recieved multiple promotions
If you know what you are doing they will promote you. They are
HUGE with promoting from within

Cons

The pay scale is ridiculas. They start tellers off at $8.32 and then every
6 months give them a $.25 raise. every time you move up the latter and
get promoted to a higher band leval you only get $1 unless you take a
Branch Manager position which is a huge pay raise (almost 2x what
an assistant manager makes). They work there associates to the brink
for very little money and very little recognition

Advice to ManagementAdvice

re-review the competitive pay rate for all employee's not just Branch Managers

Approves of CEO

26 Other Employee Reviews for TCF Financial (View Most Recent)

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  1.  

    Learn the ropes and jump ship!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Sales and Service Supervisor in Downers Grove, IL
    Former Employee - Sales and Service Supervisor in Downers Grove, IL

    I worked at TCF Financial

    Pros

    As an entry level option this is not bad for gaining banking and sales experience. This is a place to hone your skills or learn the industry and then get out. Not a bad beginning for a High School or College student.

    Cons

    The pay is horrible. This is probably the lowest paying bank in the Chicagoland area. In addition the sales compensation plan is a joke. Upper level management is also a joke, as there is no experience and management makes poor decisions for the most part. It is also hard to take your experience from this place and transition it to a different bank because of the company's poor reputation which could make it hard to jump to Chase, Fifth Third, Charter One, BOA, etc.

    Advice to ManagementAdvice

    Pay your employees competitively. Also hire upper management that has experience and ability. You should also work to change your company's image and utilize something called marketing.

    No opinion of CEO
  2.  

    Good work environment, but not a lot of promoting going on.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Sales Associate in Minneapolis, MN
    Current Employee - Sales Associate in Minneapolis, MN

    I have been working at TCF Financial

    Pros

    TCF is a great work community. The employees are all very friendly - it's a warm environment. Supervisors are very mindful of your need to maintain a good work/life balance. I've never had any issues needing time off, especially on short notice. Co-workers are very supportive to help fill-in while you're out or swamped.

    Cons

    The benefits aren't the best. Disability is provided only on a voluntary basis, and that's not available until after one year of service. Health Insurance seems to be a bit on the high side. PTO on the lowest rung is 16 days. TCF Equipment Finance (although they say otherwise) is not really set up to motivate employees. The hierarchy, at least in sales, isn't one that is climbable. I would say many positions at TCF are dead-end.

    Advice to ManagementAdvice

    If TCF Equipment Finance really wants to attract and retain top talent, they should implement a program to teach young, ambitious people the business of leasing. In addition, there needs to be a path for success and movement. Many people at TCF have been doing their same job function for a long time and do a great job at it, but to attract very competitive people a different setup should be put in place.

    Doesn't Recommend
There are newer employer reviews for TCF Financial

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